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SECUTEC

Active Private limited companyfounded 2005active for 21 yearsBoomsesteenweg 41, 2630 AartselaarKBO/BCE: BE 0875.719.463 subsidiary of Secutec Corporation#2 company by total assets in Aartselaar, Other services sector
SECUTEC
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Overview

Lifetime

18 annual accounts with figures on one time axis, 19 filings since 2006
peak €5.1m (2022)
-not published
lowest -€5.0m (2025)
-€5.0m▼ €8.1m
peak €9.0m (2024)
€1.5m▼ 83.8%
€24.8m▲ 350%
peak 64.2 FTE (2025)
64.2 FTE▲ 12.2%
Board4 names since 2011
2 directorsFoursec and 1 other
Owners
100%Secutec Corporation
Documentsfilings and deeds
12-02-202612 days late
2025financial year
Turnover from €18.9m to €11.7mLoss of €5.0mStaff from 57.2 FTE to 64.2 FTEDividend €2.5mEquity from €9.0m to €1.5mDebts from €5.5m to €24.8m

Key points

from the 2025 annual accounts

Equity

€1.5m from €9.0m in 2024

Equity fell by 84% in 1 year.

Result

-€5.0m -€5.0m
€3.1m2024-€5m2025

From profit to loss in 2025, after a profit of €3.1m in 2024.

Debts

€24.8m 94% of the balance sheet
Suppliers 9%Taxes and wages 2%Other 89%

Of this, €5.2m falls due within a year.

Investments

€1.9m 7.2 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Payment terms

62 days to suppliers
Suppliers
94 to 62
Customers
175 to 330

SECUTEC pays its suppliers 32 days earlier than in 2024. Customers pay 155 days later.

Position in the sector

-€5.0m

Lower net result than 95% of companies in repair of computers and personal goods. Sector median €54,062 · 485 companies.

2025 accounts filed 12 days after the deadline

Checked score

52
Fair
Financially stronger than 25% of medium-sized companies in repair of computers and personal goods (NACE 95)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 39 companies (NACE 95, medium-sized).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.2%▲ +0.1 percentage points vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.3%▲ +1.0 percentage point vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.2%▼ -0.1 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 2.1%▲ +0.9 percentage points vs 09-2026highest value 11-2026: 2.1%● unchanged vs 10-2026highest value

Financial strength
Weak

31-56equity 5.5% of total assets
54+16short-term debt 19.9% · cash 7.9%
0-97return on assets -19.1%

Score breakdown

raises risk
Loss of €5.0m (financial year 2025)
1 change of registered office in 24 months
Equity €1.5m (5.5% of total assets)
Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, medium-sized). It does better than 8% of them on solvency, 87% on liquidity, 4% on profitability and 3% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 743 companies had the same profile as SECUTEC has now. Each dot stands for 2 companies, two years later.

86.1%
were still trading
8.1%
stopped another way
5.1%
went bankrupt
  • 20 years or older
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
  • without size

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of SECUTEC itself: 2.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 743 companies, not a prediction for SECUTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €75,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is ample, with a current ratio of 4.69 (3.27 in 2024), above the usual 1.5. Short-term debt is 19.9% and cash 7.9% of total assets. However, 94.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Loss of €5.0m (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €1.5m (5.5% of total assets)
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 485 sector peers (2025).
NBB · sector comparison
Position among 485 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
12 days late
2024
8 days early
2023
148 days early
2022
40 days early
2021
157 days early
2020
111 days early
2019
100 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 79 days before the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 108 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

F
Foursec
Chair, Bart De Maeyer
BI
BV INVENTYS
Managing director, Geert Baudewijns
H
Highbury
Director, ROME Joris Laurent Coleta, since 29-02-2024
EB
EY Bedrijfsrevisoren BV
Auditor, Evelien De Groote

Shares in 1 company, Secutec Canada Inc.

Board & ownership

Recent changes

Registered office moved to Aartselaar New registered office: Boomsesteenweg 41 bus 1, 2630 Aartselaar · Board meeting of 06-08-2026 · Gazette deed
2 directors appointed Foursec BV (chair of the board) and Inventys BV (managing director) · Permanent representatives: Bart De Maeyer and Geert Baudewijns · Board meeting of 29-02-2024 · Gazette deed
3 directors appointed, 1 statutory auditor appointed, 1 resignation Resignation: Inventys · Appointments: Inventys, Foursec, Highbury and EY Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: BAUDEWIJNS Geert, DE MAEYER Bart, ROME Joris Laurent Coleta and Evelien De Groote · General meeting of 29-02-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0875719463
All 34 events

Comparable companies

same main activity, similar in size and age
Company
SECUTEC Aartselaar €11.7m -42.1% 5.5% 64.2
Quadient Belgium Zaventem €12.0m 2.9% 70.4% 52.5
WEngage International Machelen (Brab.) €51.8m 0.0% 24.7% 65.8
Hewlett Packard Enterprise CDS Belgium Machelen (Brab.) €8.2m 2.1% 73.0% 54.5
HCServices Belgium Namur - - 7.2% -
CLASSO Antwerp - - 25.9% 17.5
IMAC & RETAIL SERVICES Bornem - - 31.3% 15.7
-10%0%10%20%€2m€20m€200mSECUTECEBIT margin

Grey: the largest companies of the sector (repair of computers and personal goods (NACE 95)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as SECUTEC: repair and maintenance of computers and communication equipment (NACE 95100). They are comparable in size and age: total assets between €2.9m and €22m, founded between 1985 and 2007.

Official details

Source: KBO
Status
Active since 25-08-2005Normal situation
Registered office
19 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Repair and maintenance of computers and communication equipmentNACE 95100and 3 others
Joint committees
100Auxiliary committee for blue-collar workers
200Auxiliary committee for white-collar workers · annual accounts 30-06-2024
Establishment units
2.148.877.5232630 Aartselaar, since 01-09-2005
2.331.176.5512630 Aartselaar, since 01-12-2021
Financial year end
30 June
Peppol
Reachable since 08-04-2022
Company details

Annual accounts to 30-06-2025

€11.7m▼ 38.1%
€5.0m
€1.5m▼ 83.8%
€26.3m▲ 81.4%
Employeeson 30-06-2025
69▲ 16.9%
Filing
Filed on 12-02-2026
Financials

Insights on SECUTEC

SECUTEC has existed since 2005. The present size dates from 2021. The gross margin rose that year from €1.6m to €4.1m and staff from 17.8 to 31.3 full-time equivalents.

Solvency fell in 2025 from 62.0% to 5.5% because of the loss.

Secutec Corporation holds all the shares. In April 2024, the Official Gazette published the appointment of BV INVENTYS as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 12-02-2026, 12 days late
€11.7m
▼ 38.1%
-€4.9m
▼ €8.6m
-€4.7m
▼ €8.5m
-€4.8m
▼ €8.0m
5.5%
▼ 56.4 percentage points
4.69
▲ 1.41
In the rankings #2 company by total assets in Aartselaar, Other services sector#3 company by equity in Aartselaar, Other services sector#5 company by staff growth in the province of Antwerp, Other services sector

Money flows

of every €100 of turnover, €43.00 was lost in 2025

Balance sheet

balance sheet total €26.3m on 30-06-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

5.5%

Higher than 12% of 485 companies in 2025.

4.69

Higher than 89% of 480 companies in 2025.

-19.1%

Lower than 95% of 482 companies in 2025.

SECUTEC Middle half of the sector 80% of the sector Full accounts in repair of computers and personal goods (NACE 95)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter

Staff

Men and women15% women

54.4 men and 9.8 women in full-time equivalents in 2025.

€60,385

Men €61,066, women €56,610 per full-time equivalent. Jobs differ, so this is not a pay gap.

+10 people

people who joined people who left

In 2025, 28 people joined and 18 left. Training hours in 2025: 1,805. Agency workers: 5.9 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320112010200920082007
Balance sheet: assets
20/58 26.3m14.5m9.8m6.0m4.8m3.8m4.0m2.3m3.6m1.1m1.0m1.4m1.3m2.0m1.6m764,857546,491407,199
20 ---------0--------
21/28 1.8m182,380270,982396,245208,45094,068130,395151,12694,72779,23787,88286,18676,854121,682118,12867,10962,956102,698
21 1.6m--------01846292,2445,837----
22/27 216,413176,357264,960390,223202,42888,046124,373150,10678,67875,49781,45981,05772,109115,845118,04367,10962,956102,698
22 ---------0----5,5237,351--
23 03527091,0658,53316,00121,33529,1761,4592,1896,70112,27621,91251,77929,4286,8378,4129,389
24 183,529129,905222,532358,094180,27340,60454,98868,27246,46071,65572,40965,64846,57758,03278,85546,75252,79688,138
26 32,88446,10041,71931,06313,62231,44148,05052,65830,7591,6542,3493,1333,6216,0354,2366,1691,7495,171
27 ---------0--------
28 6,0546,0226,0226,0226,0226,0226,0221,02016,0493,7406,2404,5002,500-86---
280/1 31-----------------
280 31-----------------
284/8 6,0226,0226,022---------------
285/8 6,0226,0226,022---------------
29/58 24.5m14.3m9.5m5.6m4.6m3.7m3.8m2.2m3.5m1.0m951,8841.3m1.2m1.9m1.5m697,748483,534304,501
29 -0977,569700,000100,000-------------
290 ---------0--------
291 -0977,569700,000100,000----0--------
3 000------33,01429,45829,54529,54525,0005,0008,5471,15016,850
30/36 ---------33,01429,45829,54529,54525,0005,0008,5471,15016,850
37 ---------0--------
40/41 15.4m9.6m5.6m3.2m2.3m1.8m1.6m477,3491.8m649,745814,8121.2m1.1m1.8m1.4m588,905474,381241,420
40 10.6m9.0m5.6m3.2m2.3m1.8m1.6m424,6791.5m514,573428,528897,414833,2281.6m1.4m566,724444,357221,420
41 4.9m583,30008374,68434,20329352,670342,177135,172386,284322,555307,376242,8976,59622,18230,02420,000
50/53 383,4442.8m-------0--------
51/53 383,4442.8m----------------
54/58 2.1m120,2932.5m1.4m1.3m309,277101,39175,711245,178289,45492,24122,67817,86918,9905,991100,29660437,060
490/1 6.6m1.7m468,380333,078857,4851.6m2.2m1.6m1.5m48,93815,37412,3204,05941,85543,058-7,3999,172
Balance sheet: equity and liabilities
10/49 26.3m14.5m9.8m6.0m4.8m3.8m4.0m2.3m3.6m1.1m1.0m1.4m1.3m2.0m1.6m764,857546,491407,199
10/15 1.5m9.0m5.9m4.0m2.1m586,206314,311255,820236,230269,69979,747-102,990-593,05162,354208,438175,93059,81766,911
10/11 60,00060,00060,00060,00060,000-60,00060,00060,000120,000120,000120,000120,000120,000120,000120,00020,00020,000
100 ------60,00060,00060,000120,000120,000120,000120,000120,000120,000120,00020,00020,000
101 ---------0--------
11 -----60,000---0--------
1100/10 -----60,000---0--------
12 ---------0--------
13 312,000312,000312,000312,000312,000112,000112,000112,000112,000112,00012,00012,00012,00012,00012,00012,0002,0002,000
130/1 -012,00012,00012,00012,000------------
130 ------12,00012,00012,00012,00012,00012,00012,00012,00012,00012,0002,0002,000
1311 -012,00012,00012,000-------------
1312 ---------0--------
1319 -----12,000---0--------
132 ---------0--------
133 312,000312,000300,000300,000300,000100,000100,000100,000100,000100,000--------
14 1.1m8.6m5.5m3.6m1.7m414,206142,31183,82064,23037,699-52,253-234,990-725,051-69,64776,43843,93037,81744,911
15 ---------0--------
160/5 ---------0--------
168 ---------0--------
17/49 24.8m5.5m3.9m2.1m2.7m3.2m3.6m2.1m3.4m830,688960,0191.5m1.9m2.0m1.4m588,927486,674340,288
17 650,000050,650110,76611,98932,340109,080212,7151,04327,08996,5353,89299,516213,68837,75931,91564,17064,617
170/4 -050,650110,76611,98932,340109,080212,7151,04327,08996,5353,89299,516213,68837,75931,91564,17064,617
173 -050,650---------------
175 650,000--------0--------
1750 650,000-----------------
176 ---------0--------
178/9 ---------0--------
42/48 5.2m4.4m3.1m1.7m1.7m1.3m1.5m695,9761.7m803,565863,2991.4m1.8m1.8m1.3m557,012422,504275,671
42 050,65060,11671,39220,35176,740103,635103,0486,15082,60876,01491,278107,626108,34136,56528,80731,29251,284
43 -0151,079133,644128,547108,09677,853-250,000140,00075,000451,366852,040591,839175,494116,86219,267-
430/8 -0151,079133,644128,547108,09677,853-250,000140,00075,000451,366852,040591,839175,494116,86219,267-
439 ---------0--------
44 2.3m3.0m1.7m836,4061.1m909,7181.1m366,1111.2m403,085387,535316,209161,396843,630878,190367,098320,544200,284
440/4 2.3m3.0m1.7m836,4061.1m909,7181.1m366,1111.2m403,085387,535316,209161,396843,630878,190367,098320,544200,284
441 ---------0--------
46 ---------0-------157
45 459,2831.3m1.3m672,753418,653244,409176,729224,827183,061133,295254,378369,993364,158212,622170,17844,24551,40120,453
450/3 157,824995,254903,486422,923230,198100,47439,5605,85910,06452,864132,328211,691177,23196,394121,87333,03351,33416,913
454/9 301,458337,096357,711249,831188,456143,936137,169218,969172,99780,431122,050158,303186,927116,22848,30511,212673,540
47/48 2.5m1,9130463100,22015882,2111,9893,35244,57770,372190,503277,245----3,493
492/3 18.9m1.1m706,185242,102975,8491.8m2.0m1.2m1.7m3418550,447--76,000---
Income statement
70/76A 12.5m18.9m18.4m---------------
70 11.7m18.9m18.4m16.0m13.0m----0-----2.1m1.5m1.1m
72 757,977-----------------
74 82,47981,63969,684---------------
76A ----0----18,456-18246,7672,213-7,100845-
9900 ---5.1m4.1m1.6m1.1m1.1m971,069995,814932,4491.2m657,844607,980525,974307,962276,450178,962
60/66A 17.4m15.2m15.2m---------------
60/61 ---10.9m8.9m----0-----1.8m1.2m909,576
60 6.7m5.8m7.3m---------------
600/8 6.7m5.8m7.3m---------------
61 6.6m5.8m4.8m---------------
62 3.9m3.5m3.0m2.3m1.9m1.1m818,060904,691782,134567,371493,936521,4071.1m651,325348,618224,331185,17295,213
630 261,165142,261155,651116,93760,58844,40950,52767,96545,50341,38342,46937,14962,42649,97748,13132,84237,72849,689
631/4 ---------0--------
635/8 ---------0--------
640/8 7,3891,6381,0351,0101,36345921,3051,2591,8681,19830,39372,06439,57312,0636,5312,5082,6828,367
649 ---------0--------
66A ----358---1,2118,459------1,2281,153
9901 -4.9m3.7m3.2m2.7m2.2m464,330254,411104,274140,353385,862365,650606,544-572,721-105,386122,69548,28150,86925,693
75/76B 173,01035,19379,4999,09324,3101,2262,1632,4871186,6724,1091,7787,8776,31423,56311,3832,6804,378
75 173,01035,19379,4999,0932,3651,2262,1632,4871186,6724,1091,7787,8776,31423,56311,3832,6804,378
751 22,66928,24718,177---------------
752/9 150,3426,94761,322---------------
76B ---021,945-------------
65/66B 272,24567,73063,30990,50849,06338,04054,76639,84252,09776,54389,466109,796137,31749,42141,02422,69211,2158,197
65 272,24567,73063,30990,50848,70538,04054,76639,84252,09776,54389,466109,796137,31749,42141,02422,69211,2158,197
650 37,25328,47418,938---------------
652/9 234,99239,25644,371---------------
66B ---0358-------------
9903 -5.0m3.7m3.3m2.6m2.1m427,516201,80866,92088,374325,987280,293498,709-655,394-146,280105,23444,07241,95120,721
67/77 5,012564,851879,134682,318581,901155,620143,31747,33061,844136,03597,5578,64711-19572,72527,95824,0454,000
670/3 5,012564,851879,134---------------
9904 -5.0m3.1m2.4m1.9m1.6m271,89558,49119,59026,530189,952182,737490,062-655,405-146,08532,50816,11317,90516,721
789 ---------0--------
689 ---------0--------
9905 -5.0m3.1m2.4m1.9m1.6m271,89558,49119,59026,530189,952182,737490,062-655,405-146,08532,50816,11317,90516,721
Appropriation of the result
9906 3.6m8.6m6.0m3.6m2.0m414,206142,31183,82064,230137,699-52,253-234,990-725,051-69,64776,43853,93062,81744,911
14P 8.6m5.5m3.6m1.7m--------------
791/2 ---0100,000----0--------
691/2 ---0300,000----100,000-----10,000--
691 ---------0--------
6920 ---------0-----10,000--
6921 ---0300,000----100,000--------
694/7 2.5m0450,0000100,000-----------25,000-
694 2.5m0450,0000100,000----0--------
695 ---------0------25,000-
Social balance sheet
9087 64.257.250.441.331.317.812.811.710.58.58.49.411.9137.13.73.71.7
Men (FTE)1003 54.44638.9---------------
Women (FTE)1003 9.811.211.5---------------
Agency workers1501 5.96.78.8---------------
Hours worked1013 106,48297,39887,96573,55155,22229,59721,86620,1521815,07613,99116,31930,93522,02912,3596,0626,0802,903
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for financial year 2006 were filed as a document without figures as data, a scan for example.

The notes to these accounts have 63 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 12-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 12 days after the deadline. Filed on 12 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00037456.

Financial year Type Filed Reference Document
30-06-2025 full format 12-02-2026 2026-00037456 PDF
30-06-2024 full format 23-01-2025 2025-00008633 PDF
30-06-2023 full format 05-09-2023 2023-00432129 PDF
30-06-2022 abbreviated format 22-12-2022 2022-20543788 PDF
30-06-2021 abbreviated format 27-08-2021 2021-55300409 PDF
30-06-2020 abbreviated format 12-10-2020 2020-60800333 PDF
30-06-2019 abbreviated format 23-10-2019 2019-71100168 PDF
30-06-2018 abbreviated format 04-12-2018 2018-73600478 PDF
30-06-2017 abbreviated format 29-01-2018 2018-02900283 PDF
30-06-2016 abbreviated format 28-09-2016 2016-62300547 PDF
30-06-2015 abbreviated format 22-09-2015 2015-60100366 PDF
30-06-2014 abbreviated format 25-07-2014 2014-35500018 PDF
30-06-2013 abbreviated format 25-07-2014 2014-35500012 PDF
31-12-2011 abbreviated format 26-07-2012 2012-35800192 PDF
31-12-2010 abbreviated format 08-06-2011 2011-16500102 PDF
31-12-2009 abbreviated format 20-08-2010 2010-43100031 PDF
31-12-2008 abbreviated format 15-07-2009 2009-42700346 PDF
31-12-2007 abbreviated format 30-07-2008 2008-52200399 PDF
31-12-2006 abbreviated format 01-08-2007 2007-51500256 PDF

Subsidies and aid

Flemish government 2022 to 2025, 6 entries, €11,961 awarded, €11,320 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€6,461
Subsidies voor internationaal ondernemen
€4,500
Stagebonus (discontinued)
€1,000
Year Entries AwardedPaid
2025 2 €8,972€8,972
2023 2 €1,680€1,039
2022 2 €1,309€1,309

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320112010200920082007
-4.7m3.8m3.4m2.8m2.2m508,738304,938172,239185,856427,245408,120643,694-510,294-55,408170,82681,12388,59675,382
-4.8m3.2m2.5m2.0m1.6m316,304109,01887,55572,033231,336225,206527,211-592,978-96,10880,64048,95655,63366,410
1.9m53,65932,240304,732174,9708,08230,616139,59265,74053,54544,16546,48217,59863,80199,52736,99428,139134,294
1.9m-2.4m1.1m66,793998,570207,88725,679-169,467-44,276197,21369,5634,809-12,999-94,30599,692-36,455-
19.2m9.9m6.4m3.9m2.8m2.4m2.3m1.5m1.8m217,58588,585-134,838-570,389154,360204,069140,73661,03028,830
-42.1%19.6%17.6%16.8%16.8%----------2.3%3.4%2.4%
5.5%62.0%60.1%65.7%43.1%15.4%7.9%10.9%6.6%24.5%7.7%-7.5%-46.7%3.1%13.2%23.0%10.9%16.4%
4.693.273.023.292.642.772.553.152.081.271.100.910.681.091.161.251.141.10
4.693.273.023.292.642.772.553.152.081.231.070.880.661.071.161.241.141.04
17.040.610.660.521.325.4911.608.1514.253.0812.04--31.606.593.358.145.09
-344.8%34.4%40.3%48.2%76.3%46.4%18.6%7.7%11.2%70.4%229.1%---234.3%15.6%9.2%29.9%25.0%
-19.1%21.3%24.2%31.7%32.9%7.1%1.5%0.8%0.7%17.3%17.6%35.8%-51.7%-7.2%2.1%2.1%3.3%4.1%
-124.95over 100over 10030.87--------------
330 days175 days111 days74 days64 days----------98 days107 days74 days
62 days94 days51 days28 days43 days----------74 days94 days80 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date69595441
full-time68585240
part-time1121
in full-time equivalents68.858.853.640.8
64.257.250.441.3
On a permanent contract67575238
Joined28283123
Left18231818
Agency workers, average number5.96.78.8-
Training hours1,805-1,111-

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€133,966€53,659€32,240€304,732
Intangible fixed assets€1.8m---
Financial fixed assets€31---
€261,165€142,261€155,651€116,937

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item30-06-202530-06-202430-06-202330-06-2022
Fee for the audit€12,500---

Source: notes to the 2022 to 2025 annual accounts (relations with the auditor)

Public contracts

2 awards · 2025
Fourniture de licences logicielles pour la solution de sécurité SentinelOne Complete, pour l'Université de Liège et le CHU de Liège, pour une durée de 3 ans
buyer: Université de LiègeSoftware and information systemsawarded 23-12-2025€213,1103 tendersTED 16017-2026
INVESTIGATION TOOL FOR DOMAIN NAME SYSTEM (DNS): CCB/PPM2025-008 - 1
buyer: FOD Kanselarij van de Eerste MinisterSoftware and information systemsawarded 07-11-2025€180,6003 tendersTED 42440-2026

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on SECUTEC

The operating result for 2025 is a loss of €4.9m, after a profit of €3.7m in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total rises from 38.0% to 94.5%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors, 1 in day-to-day management, 1 auditor, last change in 2024
Foursec
Chair of the board and director, permanent representative Bart De Maeyer
chair of the board appointed by deed of 09-04-2024 director since 29-02-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 12-02-2026
Highbury
Director, permanent representative ROME Joris Laurent Coleta
since 29-02-2024 term without a fixed end
listed in the 2025 annual accounts, filed on 12-02-2026
BV INVENTYS
Managing director, permanent representative Geert Baudewijns
appointed by deed of 09-04-2024 term without a fixed end
earlier director, from 29-02-2024 to 07-03-2024
EY Bedrijfsrevisoren BV
Statutory auditor, permanent representative Evelien De Groote
since 29-02-2024 term until 05-12-2027
listed in the 2025 annual accounts, filed on 12-02-2026
BV INVENTYS
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“eigenvermogensuitkering aan aandeelhouders; - - de benoeming van een onafhankelijke bestuurder; - - de toekenning, wijziging of intrekking…”
deed of 07-03-2024
Permanent representatives 3
Bart De Maeyer
Permanent representative, for Foursec
appointed by deed of 09-04-2024
Geert Baudewijns
Permanent representative, for BV INVENTYS
appointed by deed of 09-04-2024
ROME Joris Laurent Coleta
Permanent representative, for Highbury
appointed by deed of 07-03-2024

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Foursec
Chair of the board, Director
Highbury
Director
BV INVENTYS
Managing director
EY Bedrijfsrevisoren BV
Statutory auditor
LeadershipBoardEarlier
Mandates as a list
  • Foursec
    • Director, from 29-02-2024 to date
    • Chair of the board, from 29-02-2024 to date
  • Highbury
    • Director, from 29-02-2024 to date
  • BV INVENTYS
    • Director, from 01-07-2011 to 07-03-2024
    • Managing director, appointed by deed of 09-04-2024, still in office
  • EY Bedrijfsrevisoren BV
    • Statutory auditor, from 29-02-2024 to date

See the board, name and registered office on a given date →

Control

Parent
Secutec Corporation
Equity €28.6m
Loss €1.4m in 2025
Source: own accounts 30-06-2025
100%
This company
SECUTEC
Equity €1.5m
Loss €5.0m in 2025

Capital

Contribution
€60,000
Shares
200
Contribution per share
€300
Equity per share
€7,280 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Secutec Corporation
100%
100%
Owners as a list

Source: shareholder structure in its own accounts

Articles of association

deed of 07-03-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
At most 4 directors
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of December at 19:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Artikel 2:87 WVV zonder bijzondere machtiging, één of meer vereffenaars”

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 07-03-2024 ↗
  • Secutec Corporation BV all shares
Capital over time
  1. 07-03-2024 Capital stated in the deed · 200 shares

Network & group

Holdings

own accounts to 30-06-2025
This companySECUTEC1 holding, 1 country accounts to 30-06-2025

North America 1 Equity Result

  • CA Secutec Canada Inc.50% -CAD 21,667 result -CAD 21,667

Source: list of holdings in its own 30-06-2025 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2025, in their own currency.

Parent

Secutec Corporation
1006.037.874 · 100% of the shares · equity €28.6m · loss €1.4m (2025)

At the same address

Boomsesteenweg 41, 2630 Aartselaar · 18 other companies
Secutec Corporation
registered office since 15-02-2024 · founded in 2024
 total assets €47.0m (2025)
1006.037.874
VLI Group
registered office since 15-12-2020 · founded in 2020
 total assets €3.3m (2025)
0759.832.276
VERLITECH
registered office since 25-11-2009 · founded in 2006
 total assets €3.3m (2025)
0878.914.921
Jungle Invest
registered office since 26-10-2021 · founded in 2021
 total assets €2.9m (2025)
0776.472.231
BOZARC
registered office since 27-02-2012 · founded in 2012 · negative equity (2025)
 13 FTE (2025)
0844.026.494
LEDify
registered office since 10-01-2020 · founded in 2020
 total assets €1.2m (2025)
0741.367.733
Vrachni Services
registered office since 17-11-2023 · founded in 2023
 5.6 FTE (2025)
1002.357.814
CT WORKS
registered office since 22-11-2019 · founded in 2019
 total assets €1.1m (2025)
0737.980.156
MAVA CONSTRUCT
registered office since 21-04-2021 · founded in 2021
 total assets €402,921 (2024)
0766.985.235
Algo Mas
registered office since 01-12-2020 · founded in 2020
 total assets €212,681 (2025)
0758.933.443
and 8 more

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)

Connections & network

2 current directors
Depth

The network starts from the directors of SECUTEC. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

34 events since 2005

Deadline for the 2026 accounts: 31-01-2027

2026
Registered office moved to AartselaarNew registered office: Boomsesteenweg 41 bus 1, 2630 Aartselaar · Board meeting of 06-08-20262 points ▸
  • Board meeting, 06-08-2026
  • Registered-office move, Boomsesteenweg 41 bus 1, 2630 Aartselaar

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFfull format · 12 days late
2025
Weakest financial year net -€5.0m The net result drops to -€5.0m, the lowest from 2007 to 2025.
Annual accounts 2024 filed PDFfull format · 8 days before the deadline
2024
Highest result from 2007 to 2025 net €3.1m ▲30.2% The operating result of €3.7m and the net result of €3.1m are both a record.
2 directors appointedFoursec BV (chair of the board) and Inventys BV (managing director) · Permanent representatives: Bart De Maeyer and Geert Baudewijns · Board meeting of 29-02-20245 points ▸
  • Board meeting, 29-02-2024
  • Director appointment, Foursec BV (chair of the board)
  • Permanent representative, Bart De Maeyer
  • Director appointment, Inventys BV (managing director)
  • Permanent representative, Geert Baudewijns

Open the deed in the Belgian Official Gazette

3 directors appointed, 1 statutory auditor appointed, 1 resignationResignation: Inventys · Appointments: Inventys, Foursec, Highbury and EY Bedrijfsrevisoren BV (statutory auditor) · Permanent representatives: BAUDEWIJNS Geert, DE MAEYER Bart, ROME Joris Laurent Coleta and Evelien De Groote · General meeting of 29-02-202416 points ▸
  • Director resignation, Inventys
  • Director discharge, Inventys
  • Director appointment, Inventys
  • Director appointment, Foursec
  • Director appointment, Highbury
  • Permanent representative, BAUDEWIJNS Geert
  • Permanent representative, DE MAEYER Bart
  • Permanent representative, ROME Joris Laurent Coleta
  • Board composition, Inventys (class A director)
  • Board composition, Foursec (class A director)
  • Board composition, Highbury (class B director)
  • Auditor appointment, EY Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Evelien De Groote
  • General meeting, 29-02-2024
  • Secutec Corporation BV holds all the shares
  • 200 shares
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFfull format · 148 days before the deadline
Equity above €5m equity €5.9m ▲48.5% After 10 profitable years in a row, equity reaches €5.9m.
2022
Annual accounts 2022 filed PDFabbreviated format · 40 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0875719463
2021
New establishment in Aartselaar Boomsesteenweg 41
Annual accounts 2021 filed PDFabbreviated format · 157 days before the deadline
Equity above €2m equity €2.1m ▲250% After 8 profitable years in a row, equity reaches €2.1m.
2020
Annual accounts 2020 filed PDFabbreviated format · 111 days before the deadline
Equity above €500,000 equity €586,206 ▲86.5% After 7 profitable years in a row, equity reaches €586,206.
2019
Annual accounts 2019 filed PDFabbreviated format · 100 days before the deadline
2018
Annual accounts 2018 filed PDFabbreviated format · 58 days before the deadline
Annual accounts 2017 filed PDFabbreviated format · 2 days before the deadline
2016
Annual accounts 2016 filed PDFabbreviated format · 125 days before the deadline
2015
Annual accounts 2015 filed PDFabbreviated format · 131 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 175 days late
Annual accounts 2014 filed PDFabbreviated format · 190 days before the deadline
Back to profit net €490,062 The net result is €490,062, after 2 loss-making years.
2012
Annual accounts 2011 filed PDFabbreviated format · 5 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 53 days before the deadline
2010
Equity above €200,000 equity €208,438 ▲18.5% Equity rises from €175,930 to €208,438.
Annual accounts 2009 filed PDFabbreviated format · 20 days late
2009
Equity above €150,000 equity €175,930 ▲194% Equity rises from €59,817 to €175,930.
Annual accounts 2008 filed PDFabbreviated format · 16 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 1 day before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 1 day late
2005
First establishment Boomsesteenweg 41, Aartselaar
Incorporation PDFpublished on 01-09-2005

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 25 August 2005, SECUTEC was incorporated.1 In 2026 the registered office moved to Aartselaar.2 Turnover went from €13.0m in 2021 to €11.7m in 2025 and headcount from 12.8 full-time equivalents in 2019 to 64.2 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-10-2026
  3. 3National Bank, annual accounts 2019, 2021 and 2025

Company details

Identity

Enterprise number
0875.719.463
VAT number
BE 0875.719.463
Peppol ID
0208:0875719463
Other Peppol ID
9925:BE0875719463
LEI code
2549004L3KP3L8RNIJ35 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
25-08-2005
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of December at 19:00
deed of 07-03-2024 (in Dutch)
Peppol
Reachable since 08-04-2022Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SECUTEC in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-03-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 07-03-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
95100 Repair and maintenance of computers and communication equipment main activity
47400 Retail sale of information and communication equipment
62100 Computer programming
68110 Buying and selling of own real estate
Social security (RSZ) activities
62100 Computer programming main activity
Joint committees annual accounts 30-06-2024
JC 100 Auxiliary committee for blue-collar workers
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
95110 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles main activity
47410 Retail trade
62010 Computer programming, consultancy and related activities
68100 Real estate activities
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity
Codes under NACEBEL 2003
VAT activities
72500 main activity
52487
70120
72220
Social security (RSZ) activities
72220 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“De distributie,de commercie en de installatie van allerlei hardware,systemen en software voor netwerk beveiliging; De diffusie,de…”
3 activities
  1. De distributie,de commercie en de installatie van allerlei hardware,systemen en software voor netwerk beveiliging
  2. De diffusie,de ontwikkeling en het bijwerken van allerlei informatica diensten
  3. Aankoop,verkoop,verbouwing,verhuring van onroerende goederen voor eigen rekening
deed of 07-03-2024 (in Dutch)

Registered office and establishments

2 establishments
Establishment Since Unit number
Boomsesteenweg 41 registered office 2630 Aartselaar 01-09-2005 2.148.877.523
Boomsesteenweg 41 2630 Aartselaar 01-12-2021 2.331.176.551

Buildings and parcels at the address

Ground area
1,883 m²
Buildings
1,790 m²
Volume, LiDAR
12,855 m³
Tallest building
8.7 m
Buildings to scale, each on its own parcel
1,790 m², 8.7 m 1,790 m², 8.7 m

Location

registered office establishment All 2 establishment units on the map
19 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11001B0347/00G0001,883 m² 1 · 1,790 m² 8.7 m · 2

Recognitions

Dual-learning approval

4 live approvals · 1 ended
Commercieel assistent (vwo)
approved · 2024 to 2029
Commercieel assistent duaal (so)
approved · 2024 to 2029
Commerciële organisatie duaal (so)
approved · 2024 to 2029
Onthaal, organisatie en sales duaal (so)
approved · 2026 to 2031
Show 1 ended approval
Pc-technicus (so)
discontinued · 2021 to 2025

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